Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bulgaria - 2023

Contents:

  1. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bulgaria (CIF) - 2022
  2. Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bulgaria

Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bulgaria (CIF) - 2022

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,096 per ton, reducing by -3.8% against the previous year. Overall, the import price recorded a mild setback. The pace of growth was the most pronounced in 2016 an increase of 11%. The import price peaked at $1,407 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($17,362 per ton), while the price for Denmark ($868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bulgaria

In 2022, after three years of growth, there was significant decline in supplies from abroad of sodium hexafluoroaluminate (synthetic cryolite)s, when their volume decreased by -5.8% to 59 tons. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 64% against the previous year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports fell to $65K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 69%.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark16.957.771.324.513.2%
Hungary8.2N/AN/A18.130.2%
Poland5.7N/AN/A16.743.1%
Turkey2.1N/AN/A5.033.5%
Others1.30.3N/A0.3-38.7%
Total34.358.071.364.623.5%

Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Bulgaria in 2022:

  1. Denmark (28.2 tons)
  2. Hungary (16.7 tons)
  3. Poland (11.5 tons)
  4. Turkey (2.5 tons)

Source: IndexBox Market Intelligence Platform

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